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Imported Flat Steel Buying Thin Over Lower Local Prices

EghtesadOnline: Buying activity in the Iranian flat steel import market was modest in the week to Nov. 15, as prices for foreign material were significantly higher than the domestic market, sources told Metal Bulletin.
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Publish Date:18/November/2017 | 08:25

Iran Steel Exports Slow Down

EghtesadOnline: Major Iranian steelmakers exported 3.98 million tons of semi-finished and finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 24% growth compared to last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date:06/November/2017 | 06:09

ESCO’s Output, Sales Slow Down

EghtesadOnline: Iran’s veteran steelmaker, Esfahan Steel Company, produced 1.27 million tons of steel products in the first seven months of the current fiscal year (March 21-Oct. 22), posting a 7.06% growth compared with last year’s corresponding period.
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Publish Date:05/November/2017 | 10:00

Semis Exports Increase as Finished Steel Usage Grows

EghtesadOnline: Iran’s semi-finished steel exports during the first six months of the current fiscal year (March 21-Sept. 22) stood at 3.19 million tons, up 86% year-on-year, Iranian Steel Producers Association’s latest report showed.
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Publish Date:30/October/2017 | 13:29

New DRI Plant Comes on Stream in Northwest Iran

EghtesadOnline: Miyaneh Steel Complex’s direct-reduced iron plant was inaugurated by First Vice President Esha’q Jahangiri on Saturday, Iranian Mines and Mining Industries and Development and Renovation Organization reported.
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Publish Date:15/October/2017 | 11:42

Iran Steel Exports Rise 32%

EghtesadOnline: Major Iranian steelmakers exported 3.54 million tons of semi-finished and finished steel products during the first half of the current fiscal year (March 21-Sept. 22), registering a 32% growth compared with last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date:10/October/2017 | 09:36

Steel Industry Challenges

EghtesadOnline: The Iranian steel industry is arguably the main driver of the country’s mining sector, taking the top spot among all metal products with the highest output and overseas sales.
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Publish Date:09/October/2017 | 24:50

Flat Steel Importers Seek Lower Prices

EghtesadOnline: Buying activity in the Iranian flat steel import market was limited last week, with customers looking for lower prices amid weaker domestic demand and the downward sentiment afflicting the global steel market.
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Publish Date:03/October/2017 | 11:28

Mobarakeh Steel Co. Sales Value Up 43%

EghtesadOnline: Iran’s largest flat steel producer Mobarakeh Steel Company ended the first half of the current year (March 21-Sept. 22) with notable growth in sales value and modest upticks in production and sales volume.
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Publish Date:27/September/2017 | 07:30

KSC Boasts 51 Percent Growth in H1 Sales Value

EghtesadOnline: Iran’s largest steel exporter Khouzestan Steel Company recorded a robust growth in its sales value for the first half of the current fiscal year (March 21-Sept. 22), marking a rise of 51.04% to reach 30.4 trillion rials ($781.1 million).
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Publish Date:26/September/2017 | 07:15

Iran Steel Output Tops 13m Tons

EghtesadOnline: Iranian steel mills produced 13.44 million tons of steel from the beginning of January this year up to the end of August, registering a 15.7% growth compared with last year's corresponding period, the latest report released by World Steel Association shows.
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Publish Date:23/September/2017 | 13:08

Steel Production Chain Imbalance Impeding Industry Expansion

EghtesadOnline: The government has turned to various experts for assessing the steel industry’s status quo and analyzing its expansion program’s progress and shortcomings in the last few years.
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Publish Date:19/September/2017 | 09:23

ESCO Rides Rising Tide of Iranian Steel Exports

EghtesadOnline: The Iranian steel industry’s effective push toward exports has helped Esfahan Steel Company bolster its presence overseas, the company’s head of sales and marketing announced.
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Publish Date:18/September/2017 | 05:23

Iranian Steel Exporter Boosts Shipments by 81%

EghtesadOnline: Khouzestan Steel Company exported more than 1.22 million tons of steel products in the first five months of the current Iranian year (started March 21), registering an 81.4% increase compared to last year’s corresponding period, KSC’s exports manager said.
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Publish Date:03/September/2017 | 08:05

The Necessity of Dynamism in Steel Trade Policymaking

EghtesadOnline: Just observing an open session of the parliament or listening to a government official talking about trade could get anyone thinking that there is an essential moral quality to imports or exports.
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Publish Date:02/September/2017 | 13:26

Iran's Debt-Laden Steel Giant Shows Signs of Recovery

EghtesadOnline: The financially embattled Esfahan Steel Company has been drowning in debt for the past few years, but the veteran Iranian steelmaker’s latest production data indicate it is slowly finding a way out.
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Publish Date:30/August/2017 | 13:47

MSC Output at 2.7m Tons in 5 Months

EghtesadOnline: Mobarakeh Steel Company produced 2.7 million tons of steel products during the five months to August 22, according to data published by MSC on Tehran Stock Exchange.
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Publish Date:28/August/2017 | 09:54

Steel Output, Usage Rise as Imports Fall

EghtesadOnline: Steel usage in Iran during the first four months of the current fiscal year (March 21-July 22) stood at 11.61 million tons, up 8.62% year-on-year.
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Publish Date:23/August/2017 | 05:49